European authority follows US counterpart into consultation on NDF clearing
The European Securities and
Markets Authority (Esma) is planning to extend the scope of
clearing to FX non-deliverable forwards (NDFs) as the body
looks to finalise mandatory clearing rules for OTC derivatives
Esma launched on Wednesday a
consultation on clearing NDFs to attract industry comments from
central counterparties (CCPs), banks and buy side
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.